Stay informed with Security World Trend Now! Discover the latest security trends, technologies, and strategies to protect your data, networks, and digital identity. Get expert insights and practical advice for ensuring your online safety. Explore now!
## Introduction In its “State of Verification and Monitoring in the Crypto Industry 2023” report, Sumsub, a full-cycle verification platform, has provided a comprehensive analysis of the current landscape of regulations and verification practices for crypto companies. The report incorporates insights from a survey conducted among more than 100 crypto companies, as well as expert…
The State of Verification and Monitoring in the Crypto Industry 2023 New Fraud Patterns and Deepfakes on the Rise The latest report released by Sumsub, a full-cycle verification platform, sheds light on the current state of verification and monitoring in the crypto industry for the year 2023. The report, based on a survey conducted among…
US Agencies Publish Cybersecurity Report on Deepfake Threats In a joint effort, the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the National Security Agency (NSA) have released a comprehensive report on the growing threat of deepfakes and offered recommendations for organizations to identify and respond to such threats. Deepfakes,…
Martin Lewis Exposes Deepfake Investment Scam Increasing Prevalence of Deepfake Technology Raises Concerns The recent incident involving prominent financial journalist Martin Lewis being impersonated in a deepfake video promoting an investment scam highlights the growing dangers of this emerging technology. Deepfakes, which use artificial intelligence techniques to create highly convincing fake videos, have the potential…
Voice Cloning Enabled by Artificial Intelligence Poses Growing Danger The Incident and the Rise of Deepfake Scams An incident earlier this year highlighted the growing danger of voice cloning enabled by artificial intelligence (AI). In this case, a cybercriminal attempted to extort $1 million from a woman in Arizona by claiming to have kidnapped her…
Sumsub Launches Enhanced Deepfake Detection Technology to Combat Identity Fraud Miami, June 22, 2023 – Sumsub, a global verification platform specializing in customizable Know Your Customer (KYC), Know Your Business (KYB), transaction monitoring, and Anti-Money Laundering (AML) solutions, has announced the launch of its enhanced deepfake detection technology. In response to the growing threat of…
Threat Actors Manipulate Stolen Images and Videos Using AI to Create Deepfakes for Sextortion Scams The FBI recently issued a warning that malicious actors are using deepfake technology to create sexually explicit images and videos to extort individuals into paying them with money or gift cards. These deepfakes appear real but are created using any…